Tracr and the future
De Beer’s Tracr technology is already available to be piloted by diamond companies. Alrosa is already trialling this new exciting technology.
The blockchain technology allows full traceability from end to end for a diamond, giving full clarity on its origins and whether the diamond is natural or synthetic.
I think that eventually, the Tracr technology should be made compulsory or at the very least, highly recommended. This is so that consumer confidence can be ensured and efficiencies in the value chain can be achieved.